exploration and worldwide trade Flashcards
vocabulary
1
Q
plantations
A
a large estate or farm that used enslaved people or hire workers to grow and harvest crops
2
Q
cash crops
A
crops grown in large amounts to be sold for profit
3
Q
mercantilism
A
an economic theory that depends on a greater amount of exports in order to increase a country’s supply of gold and silver
4
Q
commerce
A
an exchange of good; business
5
Q
entrepreneur
A
one who organizes; pays for and takes on the risk of setting up a business
6
Q
cottage industry
A
a system for making good in workers’ home